SOLUTION: The following expression gives an approximate value of the total average credit card debt in a U.S. household (in dollars) t years after 1995. 416t+5030 Use this expression t

Algebra ->  Rectangles -> SOLUTION: The following expression gives an approximate value of the total average credit card debt in a U.S. household (in dollars) t years after 1995. 416t+5030 Use this expression t      Log On


   



Question 1146401: The following expression gives an approximate value of the total average credit card debt in a U.S. household (in dollars) t years after 1995.
416t+5030
Use this expression to predict what the total average credit card debt was or will be in the year 2014.
Answer: In the year 2014, the total average credit card debt for a U.S. household will be (or was) dollars.
Hint: For the year 2014, the value of t will be 19.

Answer by Glaviolette(140) About Me  (Show Source):
You can put this solution on YOUR website!
416(19) + 5030 = $12934